Iraq holds 4th postwar oil and gas auction
A Kuwaiti-led energy consortium won the right to search for oil and gas in southern Iraq as part of the...
Oil & Gas
Lukoil to bring Asian partners to Iraq
Russia’s No.2 oil producer Lukoil is enjoying higher 1Q earnings and seeking partnership with Asian oil firms to participate in...
Engineering contractors bid for major Oman gas project
A number of local and international engineering construction firms are in the race for a key project that is central...
Iraq discovers first offshore oilfield
An Iraqi Oil Ministry spokesman announced that an oilfield has been discovered in Iraqi territorial water. Assim Jihad told Aswat...
Drake & Scull to build Basra pipeline
Drake & Scull International said that it is in final talks for its first job in Iraq, its chief executive...
Iraq earns $8.8 billion from oil sales in April
Iraq's revenues from oil sales in April climbed to $8.79 billion, the highest the Middle Eastern country has achieved for...
$20bn investments in energy sector on way in Bahrain
Bahrain will attract more than $20 billion investments in the energy sector in the next 15 years, it has been...
Bahrain to spend $15bn on developing oil, gas
Bahrain plans to invest US$15bn to develop crude oil and natural gas resources over the next two decades, Oil Minister...
Exxonmobil signs $100 million contract to drill 20 oil wells in Iraq
US oil giant company ExxonMobil Corporation has signed a contract with the state-run Iraqi Drilling Company to drill 20 oil...
Iraq hits new oil export highs in April
Iraq’s crude oil exports averaged 2.508 million bpd in April, the highest level in decades, the head of the State...
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